Europe stocks flat as investors weigh China data

MADRID (MarketWatch) -- European stock markets traded largely flat on Monday, with banks leading the downside, as investors took in a batch of Chinese data over the weekend that showed an uptick in inflation. Italian stocks led the decliners after the country's sovereign credit rating was cut to BBB plus from A minus by Fitch Ratings last Friday. The Stoxx Europe 600 index
SXXP, +0.97%
fell 0.2% to 294.95, while the German DAX 30 index
DAX, +0.22%
fell 0.1% to 7,974.64. The French CAC 40 index
PX1, +0.60%
fell 0.3% to 3,827.95 and Italy's FTSE MIB index
I945, -0.73%
fell 0.6% to 16,112.35.

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